Suntech to challenge Chapter 7 filing for involuntary bankruptcy
The troubled solar company has until November 6 to respond to the petition filed against it calling for involuntary bankruptcy.
Yingli rejects SiC Processing allegations
The troubled German company says Yingli owes it more than $30 million in liabilities, adding that the Chinese group’s outstanding debt was a major factor behind its insolvency. Yingli denies the claims.
Two Centrosolar Group AG subsidiaries leave protective shield, file for preliminary insolvency
The latest financing concept for the stricken PV supplier sees Centrosolar AG and Centrosolar Sonnenstromfabrik GmbH lose creditor protection as the group attempts to stay afloat.
EU-China talks dwell on subsidies
The latest round of high level trade talks between the EU and China touched upon the tricky subject of subsidies and state-owned enterprises. Trade commissioner Karel de Gucht was involved in the fourth HED talks, in Brussels.
In the US, solar stocks take a turn for the better
A decline in wind projects, easing of international trade tensions and a number of acquisitions and partnerships that continue to enhance the popularity of solar have all factored in a boost for solar company shares.
Chinese government offers PV manufacturers a helping hand
Solar product makers in China continue to reap the benefits of a government eager to prop up a troubled industry. Beijing is now offering tax rebates to manufacturers in an effort to assist the struggling sector.
Lawmakers back SEIA efforts to end US-China solar standoff
The proposal by the U.S. Solar Energy Industries Association (SEIA) aimed at ending the solar trade row appears to be gaining momentum and winning the support of key lawmakers. SolarWorld executive remain skeptical, however.
Applied Materials, Tokyo Electron to form new chip-making conglomerate
The acquisition of Tokyo Electron by California-based Applied Materials follows increased consolidation in the semiconductor equipment manufacturing sector.
SEIA unveils roadmap to U.S.-China dispute settlement
The U.S. solar industry trade organization has been working behind the scenes with U.S. and Chinese government officials to draw up a plan to resolve the ongoing trade dispute and benefit both U.S. and Chinese manufacturers.
Italian court orders additional siezures of Suntech solar farms
As part of an ongoing investigation by Italian authorities into the operation of Suntech-owned Global Solar Fund, the court also ordered the confiscation of feed-in-tariffs received by GFE investees companies.
